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Home Publications Blogs Beat the Press What Makes the Post Think That the EPA Ozone Rule Would Have "Enormous" Implications for the Economy?

What Makes the Post Think That the EPA Ozone Rule Would Have "Enormous" Implications for the Economy?

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Sunday, 04 September 2011 13:46

That is a really strange thing to assert out of the blue. Usually newspapers like to back up such assertions with evidence, but readers would look in vein to find anything in this article to support such an assertion.

In fact, a study by Charles Rivers Associates suggests that the main impact of the regulation would be to hasten the replacement of old polluting power plants. This could help to create jobs in the private sector in the next few years, a period in which all projections show that the economy will still be suffering from substantial unemployment.

In other words, if Obama was interested in an action that he could take unilaterally that would create jobs, supporting the EPA on the ozone restrictions probably would have topped the list. In nixing the regulation, Obama went the job killing route.

Comments (3)Add Comment
Why do economists not realize ....
written by John Puma, September 04, 2011 4:23
that killing off humanity with myriad sources of toxic pollution, nuclear fallout, climate change, etc, IMPLIES that ALL "economy" will concurrently vanish.
...
written by S. D. Jeffries, September 05, 2011 7:59
I have a theory that the reason President Obama pushed the implementation of ozone regs into 2013 is because he expects to lose the election. In such a case, why start a huge fight now about a new EPA regulation now? When the Republicans take over the government, EPA will quickly become a thing of the past anyway.

Republicans seem to believe that the best way to create jobs in this country is to compete with China and India on the basis of lower wages and a complete lack of environmental regulations.
...
written by Jethro, September 05, 2011 4:42
Those BAD Republicans - everything bad is all their fault...

How about a real energy policy in this country that includes nuclear, natural gas, and alternatives; and allows us to stop relying on mideast oil.

Read the Pickens Plan

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About Beat the Press

Dean Baker is co-director of the Center for Economic and Policy Research in Washington, D.C. He is the author of several books, his latest being The End of Loser Liberalism: Making Markets Progressive. Read more about Dean.

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